Overall, we believe it is moderate to high risk to trade forex & CFDs with Worldtradex if you are a trader based in Malaysia. Desktop Trading Platform – This is functionally and design-wise similar to the web trading platform. In the desktop version, you are offered greater functionality than in the web version.

Worldtradex Leverage

Success cases demonstrate effective use of trading tools and resources. Client testimonials highlight platform reliability and support quality. Trading competition winners share their experience and strategies.

Below is the screenshot of their live spreads taken during the NY session opening. The actual spreads may be higher or lower depending on the market volatility. Worldtradex is less well-regulated than other comparable brokers, however, they have been in operation since 2011 and are trusted by thousands of users worldwide. The customer support of Worldtradex is available 24/7 via live chat and email, they respond quickly, and their answers were satisfactory.

However, some orders may fail to offset or Worldtradex might choose not to upset them. The next step is to select a Master Trader whose trade you want to copy from the ranking list. You should go through the list of Masters to check their trading history and performance, and then choose the one you prefer. Keep in mind that different Master Traders have different settings so you might have to adjust your balance accordingly. Here is a summary of payment methods for withdrawals accepted on Worldtradex.

Worldtradex Non-trading fees

With a wide range of trading instruments, user-friendly platforms, and robust customer support, Worldtradex provides an appealing choice for both novice and experienced traders. The broker’s low minimum deposit, competitive spreads, and comprehensive educational resources enhance its accessibility and attractiveness to different kinds of traders. There are no swap fees, inactivity fees, or fees for deposits and withdrawals. Three account types cater to traders with different levels of experience.Spreads are competitive, especially in forex and shares.

• With a wide range of trading instruments, user-friendly platforms, and robust customer support, Worldtradex provides an appealing choice for both novice and experienced traders.
• Research distribution ensures clients receive timely market insights across multiple channels.
• Performance monitoring maintains high execution standards.
• Because Worldtradex provides market execution, there is a high likelihood that your orders might be opened or closed at a price different from your requested price.
• This is not the lowest spread for majors as there are brokers with lower spreads, but for traders who prefer straightforward model of spreads for trade, this fees structure works okay.

This is not the lowest spread for majors as there are brokers with lower spreads, but for traders who prefer straightforward model of spreads for trade, this fees structure works okay. Worldtradex (WorldtradexFX) only charges variable spreads for currency trading. There is no commission or any other charge except for their spreads. For example, if you are trading EUR/USD, the spread typically is around 1 pip under MT4 account. It is also worth mentioning that Worldtradex also maintains other security procedures to enhance the safety of traders.

Other brokers charge more than 20 pips on trading DE30 & DE40. Overall, Worldtradex does not charge any hidden fees that we noticed. Plus they have an option to open an Islamic account for Swap Free trading. Their spreads on gold on average are 2.8 pips, which is moderate.

Swap kosong

The Malaysian office serves as a regional hub for Southeast Asian traders. Trading volumes exceed 50 million USD daily through Malaysian operations. The company processes over 1,200 transactions daily for Malaysian clients.

How much does it cost to start with Worldtradex?

• Some representatives could not answer some questions and referred us to send an email enquiry instead.
• Here is a summary of payment methods accepted by Worldtradex for deposits.
• We like the fact that they have operators offering support in the local language too.
• Leverage on Worldtradex depends on the type of account or instrument you are trading.

The account of traders from Malaysia at Worldtradex are opened under offshore regulation. What is the minimum deposit for Malaysian traders at WorldtradexFX? The minimum deposit at Worldtradex Malaysia is $20 with all accounts. The base currency of all types of accounts can be either EUR or USD for all types Worldtradex of accounts for Malaysian traders.

Yes, you can trade CFDs on major US, European & UK stocks on Worldtradex MT5 platform. Note that you cannot trade stock CFDs on MT4 or WorldtradexTrader. There are 150 stocks instruments available as CFDs on Worldtradex MT5. We like the fact that they have operators offering support in the local language too.

Malaysian traders at Worldtradex are registered under offshore regulation, so you are trading at your own risk. Worldtradex is not regulated in Malaysia, and traders are trading at their own risk. They have low spreads, MetaTrader platform, copytrading & good support. WorldtradexFX Malaysia continues expanding services and market presence. Strategic partnerships enhance local market penetration and service quality.

After every chat and email, the system sends a feedback form, for users to rate the support received with a thumbs-up or thumbs-down, and a space for comments which is optional. Some representatives could not answer some questions and referred us to send an email enquiry instead. Some chat agents declined to answer some questions, claiming they could only give such information to registered Worldtradex traders. On Worldtradex’s website, you can find their execution policy under their ‘customer agreement’ section. Here is a summary of how the forex broker handles your orders. The webinars have also been structured so that you can learn at your level.

Forex basics

Find a summary of the deposits/withdrawals options on Worldtradex. This website serves as an overview and information platform about the broker. All articles and content on this site are written by industry experts and are intended to provide information and opinions. Please note that this site is not affiliated with the official website of any broker that is reviewed or mentioned.

However, Worldtradex has a good track record and is used by users across many countries. They also have separation of funds and anti-money laundering policies in place. There https://worldtradex.bid/ are both pros and cons to trading through Worldtradex, but you must make your own decision given then risks.

The contents of this website should not be considered as financial advice. Learn from the experience of Muhamad, a successful Indonesian trader. Learn how he started trading with Worldtradex and check out his tips for beginner traders. Choose from 300+ trading instruments, including shares, commodities, and indices. Although Worldtradex is a popular forex broker, but they score low in terms of overall trust score in our research.

Create and manage trading accounts, deposit and withdraw funds, and engage in swap-free trading right from your mobile device with our official Worldtradex broker app. Read our guides on how you can get started with forex trading. Plus, refer to our broker comparison lists for finding trusted forex brokers. But, many traders will find that the instruments that they offer are quite limited compared to other brokers. Also, Worldtradex is less well-regulated than comparable brokers and is only regulated by a single Tier – 1 regulator. The overall fees that Worldtradex charges are lower than most other brokers, which makes than an attractive choice for traders looking for a low-cost broker.